F.N.B. Corporation reported a 31.6% year-over-year jump in fourth-quarter net earnings, driven by stronger net interest income and reduced credit provisions. Net interest income rose 14% compared with Q4 2024, reaching $380 million, as loan yields benefited from repricing in a higher rate environment. Total loans grew 6% sequentially, ending the quarter at $46.0 billion, outperforming peer averages. Provision for credit losses declined 22% to $18 million, reflecting stable portfolio performance and management’s confidence in underlying asset quality.

As of December 31, FNB held $58.0 billion in total deposits, essentially flat with the prior quarter, underscoring the stability of its funding base. The bank’s common equity tier 1 capital ratio stood at 11.8%, providing significant excess capital above regulatory requirements. Management reiterated plans to deploy surplus capital through share repurchases and a potential dividend increase, following the board’s authorization to repurchase up to 5% of outstanding shares over the next 12 months.

Nonperforming loans remained near historic lows at 0.45% of total loans, while coverage for nonperforming assets rose to 210%, up from 195% in the prior quarter. Allowance for loan and lease losses totaled $950 million, ensuring ample buffer against potential credit deterioration. Management highlighted that seasoning metrics across commercial real estate and consumer portfolios remain favorable, positioning FNB to navigate any regional economic headwinds without material reserve build.